scholarly journals Improving Oil Supply Security: Using a Risk Optimization Model to China and India

2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Ming Qi ◽  
Danyang Shi ◽  
Congcong Li ◽  
Jialu Wu ◽  
Pei Wang

In this paper, a risk optimization model is proposed to minimize the oil supply risk from the perspective of diversification. The results show that there is large room for both China and India to improve the oil supply security. China should reduce oil imports from Saudi Arabia and Russia while increasing oil imports from the United States and Kazakhstan. India should import more oil from America and Russia while substantially reducing imports from Iraq and Saudi Arabia. In terms of the regional analysis, the Middle East plays a crucial role in the oil import strategies. They account for almost half of the total oil imports to China and India. African countries provide an alternative choice to diversify their energy supply risks. Based on forecasts of oil demand, we investigate the optimal oil import strategies for both countries until 2030 and 2040. China’s imports from the United States and Kazakhstan are forecasted to increase by more than ten times by 2030. India should import four times as much oil from the United States as it does now and import 10 times more crude oil from Russia. Africa and North America will play a more important role in India’s oil supply security.

2021 ◽  
Author(s):  
Philip N. Cohen

In this visualization, I show the trend in the proportion of households that comprise only one person in 75 countries, representing 73 percent of world population, using national data collected between 1960 and 2019. At the time of the latest observations for each country, the percentage of households that include only one person ranges from 2.6 (Cambodia) to 38 (Switzerland). Europe and the United States have the highest solo living rates, along with two African countries (South Africa and Botswana, both severely affected by the HIV/AIDS epidemic), Israel, Jamaica, and Puerto Rico. In all, 53 of the 75 countries exhibit a rise in one-person households, including all European countries. Those with (generally much smaller) declines are disproportionately in Africa and Asia, including China and India.


2021 ◽  
Vol 7 ◽  
pp. 237802312110623
Author(s):  
Philip N. Cohen

In this visualization, the author shows the trend in the proportion of households that comprise only one person in 75 countries, representing 73 percent of the world’s population, using national data collected between 1960 and 2019. At the time of the latest observations for each country, the percentage of households that include only one person ranges from 2.6 (Cambodia) to 38 (Switzerland). Europe and the United States have the highest solo living rates, along with two African countries (South Africa and Botswana, both severely affected by the HIV/AIDS epidemic), Israel, Jamaica, and Puerto Rico. In all, 53 of the 75 countries exhibit increases in one-person households, including all European countries. Those with (generally much smaller) declines are disproportionately in Africa and Asia, including China and India.


2017 ◽  
Vol 4 (1) ◽  
pp. 22-31 ◽  
Author(s):  
Larissa Portnoff ◽  
Clayton McClintock ◽  
Elsa Lau ◽  
Simon Choi ◽  
Lisa Miller

Author(s):  
Andrew Schmitz ◽  
Charles B. Moss ◽  
Troy G. Schmitz

AbstractThe COVID-19 crisis created large economic losses for corn, ethanol, gasoline, and oil producers and refineries both in the United States and worldwide. We extend the theory used by Schmitz, A., C. B. Moss, and T. G. Schmitz. 2007. “Ethanol: No Free Lunch.” Journal of Agricultural & Food Industrial Organization 5 (2): 1–28 as a basis for empirical estimation of the effect of COVID-19. We estimate, within a welfare economic cost-benefit framework that, at a minimum, the producer cost in the United States for these four sectors totals $176.8 billion for 2020. For U.S. oil producers alone, the cost was $151 billion. When world oil is added, the costs are much higher, at $1055.8 billion. The total oil producer cost is $1.03 trillion, which is roughly 40 times the effect on U.S. corn, ethanol, and gasoline producers, and refineries. If the assumed unemployment effects from COVID-19 are taken into account, the total effect, including both producers and unemployed workers, is $212.2 billion, bringing the world total to $1266.9 billion.


1988 ◽  
Vol 82 (4) ◽  
pp. 828-830
Author(s):  
Edward M. Leigh

Plaintiff Zedan, an American citizen, brought suit in the United States District Court for the District of Columbia against the Kingdom of Saudi Arabia for breach of a contract guaranteeing wages and profits. While performance under the contract occurred in Saudi Arabia, plaintiff alleged that the jurisdictional requirements under the Foreign Sovereign Immunities Act of 1976 (28 U.S.C. §§1330, 1602-1611 (1982)) (FSIA) were satisfied by a recruitment call in California from a representative of the royal overseer of a private Saudi company. The district court granted the Saudi motion to dismiss. On appeal, the United States Court of Appeals for the District of Columbia Circuit (per Silberman, J.) unanimously affirmed and held: (1) that the telephone call did not have the requisite substantiality of contact with the United States; (2) that it was not sufficient to form the basis of a cause of action; and (3) that the alleged breach did not have sufficient direct effect in the United States to satisfy the exceptions to immunity under the FSIA.


Every region and people has peculiar economic characteristics and these features largely have roots in that region‟s social structure, social psychology and its dynamics. The capitalist economy of the United States has roots in individualismand Protestant Work Ethic, influenced both by Protestant religion and the social character of the Americans; the Client Economy of Saudi Arabia has deep linkages to its tribal social structure and the so-called Bazaar Economy of Afghanistan is profoundly embedded in the Pakhtun social structure of the country. The Pakhtuns of Pakistan have a peculiar social structure and social psychology thereof having profound and extensive influence on the region‟s economy particularly its largely underdevelopedcondition. The paper explores the characteristics of Pakhtun social structure and the interactive linkages between the social edifice and economic development or lack of it.


2010 ◽  
Vol 6 (2) ◽  
pp. 286-310 ◽  
Author(s):  
Emily Skop ◽  
Wei Li

AbstractIn recent years, the migration rates from both China and India to the U.S. have accelerated. Since 2000 more than a third of foreign-born Chinese and 40% of foreign-born Indians have arrived in that country. This paper will document the evolving patterns of immigration from China and India to the U.S. by tracing the history of immigration and racial discrimination, the dramatic transitions that have occurred since the mid-20th century, and the current demographic and socioeconomic profiles of these two migrant groups.


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